BusinessDay 08 Jun 2020

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businessday market monitor

Biggest Gainer Bocgas N4

10.00 pc

FMDQ Close

Everdon Bureau De Change

Bitcoin

NSE

Foreign Exchange

Biggest Loser Dangcem N141.9

25,020.72

Foreign Reserve - $36.57bn Cross Rates GBP-$:1.27 YUANY - 54.72

Commodities -2.04 pc Cocoa US$2,384.00

Gold $1,685.06

news you can trust I ** monDAY 08 june 2020 I vol. 19, no 579

₦4,194,974.85 +0.29

N300

Sell

$-N 440.00 450.00 £-N 530.00 550.00 €-N 460.00 478.00

Crude Oil $42.30

I

Buy

g

www.

Market

Spot ($/N)

3M -0.36 4.34

I&E FX Window CBN Official Rate

386.50 361.00

Currency Futures

NGUS may 26 2021 419.50

($/N)

fgn bonds

Treasury bills

6M

5Y 0.00

0.00 2.33

8.70

NGUS may 31 2023 492.57

@

g

10 Y 0.00

30 Y -0.09

11.00

12.21

NGUS may 28 2025 578.37

g

FG to spend N2.3trn to fund its T Economic Sustainability Plan

ISAAC ANYAOGU he Federal Government will spend an estimated N2.3 trillion to fund its new Economic Sustainability Plan it is counting on to revive the economy. A draft of the plan which Continues on p age 31

Nigeria takes another unsteady step towards downstream deregulation Page 31 Inside

Lack of KYC, BVN impede access to CBN’s N50bn COVID-19 fund P. 30

Ahmad Lawan (l), Senate president, and Ibrahim Gambari, chief of staff to President Muhammadu Buhari, when the latter paid a visit to the Senate president, in Abuja.

Edo guber: APC chieftain asks Buhari, Tinubu to stop Oshiomhole’s impunity P. 30


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